Signalator.com Review Is Signalator Legit Or A Scam

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Signalator.com Review: Is Signalator Legit Or A Scam?

Signalator Review: this is the name of a Forex signals provider that claims to be based in the UK. Is signalator.com a scam or legit signals provider?

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What Are Forex Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.

The provider is said to have been trading the Forex market for more than 15 years. They state that the signals are generated by professional traders and sent to clients via emails and SMS. There is also an automated execution of trades offered to clients using MT4 trading platform.

Because, they want all to profit, they make their signals easily accessible and quickly sent. It is totally in character for Forex service providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

Risk management is another advantage mentioned by Signalator as well as their customer support system. They offer three packages to clients and we shall look into how they work briefly.

How Signalator Basic Signals Work

They are touted as the most efficient and latest. A drawdown level of 350 pips is expected with an intraday strategy. A SL and TP feature is also included at 30 and 40 pips levels. However, it looks like the sales page does not want clients to subscribe to this package with subtle discouragements.

How Signalator XT Signals Work

These signals are said to be generated using more advanced systems. The drawdowns are at a lower level of around 200 to 250 pips. 11 trades are guaranteed per month and can be used by traders of all levels of experience.

How Signalator Plus Signals Works

The drawdowns on this type of signal is at an approximate level of 150 pips. They are said to be the most efficient of the three and can perform 50 trades a month or more. It is advisable for experienced traders seeking more profits and consistent gains. The vendor mentions that they use it for their Forex managed accounts.

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Apart from the above and the mention of professional traders, no real detail is provided regarding how the signals are generated. The analysts providing signals are not introduced. Generally, the working system of this vendor is blank and this should be improved.

Pricing Structure

$105/month – Basic Signals
$135/month – XT Signals
$295/month – Plus Signals

These prices are quite high as they have to be renewed each month. It looks less competitive as other vendors offer quite cheaper rates.

Clients Feedback

The clients’ feedbacks are quite positive and hard to ignore. We find that it is popular and clients claim it is very good for them.

Results are provided on the page. We find that it looks transparent with all the needed information. However, they are not verifiable. To make their results legit, the vendor should have a verified account on Myfxbook. Otherwise, it is hard to trust these results.

Support

To contact the vendor or reach its customer care representative, an online message form is provided and also a link to start up a live chat.

Conclusion

It does not offer its strategy which we find uncomfortable as well as the missing verified results. Signalator will get better reviews if these are fixed. The pricing is high as well but the website looks professional and its popularity is an added advantage.

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